TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

A visitor uses an Apple Inc. iPhone to photograph Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, center, during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

A visitor uses an Apple Inc. iPhone to photograph Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, center, during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, second right, applauds during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, second right, applauds during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, left, is reflected in an electronic share information display board, during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, left, is reflected in an electronic share information display board, during the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Alexander Justham, chief executive officer of London Stock Exchange Plc, center, attends the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Alexander Justham, chief executive officer of London Stock Exchange Plc, center, attends the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Alexander Justham, chief executive officer of London Stock Exchange Plc, attends the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Alexander Justham, chief executive officer of London Stock Exchange Plc, attends the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

A logo sits on an electronic display screen during the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

A logo sits on an electronic display screen during the initial public offering (IPO) launch of Kcell, a unit of TeliaSonera AB, at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Chief Executive Officer Veysel Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, center, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, center, attends the launch of the company's initial public offering (IPO) at the London Stock Exchange in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

TeliaSonera AB's Kazakh Unit Kcell JSC Launches London IPO

Bloomberg

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images

Veysel Aral, chief executive officer of Kcell, a unit of TeliaSonera AB, poses for a photograph following the launch of the company's initial public offering (IPO), in London, U.K., on Monday, Dec. 17, 2012. Kcell, which has 11.6 million subscribers, is the largest operator in Kazakhstan with a subscriber market share of about 48 percent and a revenue market share of 57 percent, Aral said. Photographer: Simon Dawson/Bloomberg via Getty Images